Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12095 Hudson Bay Drive Stanwood, MI 49346

    View on Map
    For Sale
    Contact for pricing

    LAND - Stanwood, MI

    Lot size:
    0.28 Acres
    Added:
    May 14, 2024
    Days on Market:
    688
    Last Refresh:
    Apr 1 at 7:06 pm

    Property Features for 12095 Hudson Bay Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    5410-038-184-000
    Lot size
    0.28 Acres

    Taxes and HOA fees

    TaxYear
    2022
    TaxDescription
    SEC 13&24 T14N R9W LOT 184 LAKE OF THE CLOUDS #2
    TaxAnnualAmount
    18

    Utilities

    Utilities
    Phone Available
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Lucas Howard

    Listing agent Lucas Howard License #6502359815

    Listing office Keller Williams GR East 1555 Arboretum Dr. SE Ste 101, Grand Rapids, MI

    Listing date May 14, 2024

    MLS# 24023770

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lot in Canadian Lakes

    This 0.28-acre lot is a buildable, level, and wooded property suitable for constructing a dream home. Located in Canadian Lakes, the lot offers access to community amenities. The property is situated across from Hidden Valley Beach and is located minutes away from the boat launch and the Highlands Golf Course.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Hotel & Motel Travel Agency Bed & Breakfast Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stanwood
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.326498
    Latitude
    43.594913

    Nearby Similar for Sale

    • $6,499

      Buildable Lot in Canadian Lakes

      0.32-acre vacant lot with access to resort-style amenities.
      9357 W Circle Drive, Stanwood, MI 49346
      View Details
    • $460,000

      Lakefront Lot on Lake Mecosta

      Oversized lot with 105 feet of shoreline on Lake Mecosta.
      10980 N Marywood Drive, Stanwood, MI 49346
      View Details
    • $39,000

      Residential Land Overlooking St. Ives

      Build your dream home overlooking the 18th hole!
      9689 Saint Ives Drive, Stanwood, MI 49346
      View Details
    • $7,000

      Wooded Lot Near Finger Lake

      Building site near waterfront homes with Canadian Lakes amenities.
      10340 N Peninsula Drive, Stanwood, MI 49346
      View Details
    • $175,000

      Wooded Building Site in Tullymore Resort

      Large, wooded building site in Tullymore Resort, near Grand Rapids.
      6044 Dublin Drive, Stanwood, MI 49346
      View Details
    • $90,000

      Wooded Building Site in Tullymore Resort

      Large, wooded building site within the Tullymore Resort.
      6226 Dublin Drive, Stanwood, MI 49346
      View Details
    • $90,000

      Wooded Building Site in Tullymore Resort

      Large, wooded building site with resort amenities near Grand Rapids.
      6240 Dublin Drive, Stanwood, MI 49346
      View Details
    • $150,000

      Wooded Building Site in Tullymore Resort

      Large, wooded building site with golf course views.
      6048 Dublin Drive, Stanwood, MI 49346
      View Details
    • $90,000

      Wooded Building Site in Tullymore

      Large, wooded building site within Tullymore Resort.
      6236 Dublin Drive unit: 140, Stanwood, MI 49346
      View Details
    • $120,000

      Wooded Building Site in Stanwood

      Large, wooded building site within Tullymore Resort.
      11509 Killarney Drive, Stanwood, MI 49346
      View Details
    • $120,000

      Wooded Building Site in Stanwood

      Large wooded building site within Tullymore Resort.
      11253 Killarney Drive, Stanwood, MI 49346
      View Details
    • $75,000

      Wooded Building Site in Stanwood

      Large wooded lot near Tullymore Resort, ideal for building.
      11250 Killarney Drive, Stanwood, MI 49346
      View Details

    FAQs

    What type of property is this?
    Land - Level, wooded lot near amenities in Canadian Lakes, Michigan.
    Where is this land located?
    The property is located at 12095 Hudson Bay Drive Stanwood, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Buildable level wooded lot, ready for construction.; Access to Canadian Lakes amenities.; Located across from Hidden Valley Beach.
    (616) 893-6478
    We can help!
    Listing Contact
    Lucas Howard
    Real Estate License ID: 6502359815
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!